Portugal travel places, real estate options and Visa for Europe? Why live and invest in Portugal ? Because is one of the major touristic attractions of Europe and the perfect retirement home! Is permanent residence required? Many investors from South Africa, Lebanon, Russia, Saudi Arabia, Egypt, Libya etc. have not the intention to move out of their home country immediately right now. But they are looking for a Plan B in case of an unexpected event or emergency. They are searching for an option in case of revolution, social unrest or any other emergency situation. Another investor visa, for example, Malta, Italy and Switzerland are imposing a permanent physical presence for granting the residence permit. Not Portugal. That’s the reason why Portugal is so attractive for all investors looking for a Plan B.
If you much prefer a real estate purchase in Porto or Lisbon and are able to complete a transaction by the end of the year I would consider investing with a developer who will let you back out of the transaction in case your Golden Visa application is denied. Mercan is one such option (and they have a great €350,000 option available right now). You can start looking for investment options in the interior municipalities, on the Azores, or Madeira. If you’re open to investing elsewhere in the country, you could also just wait and see what the fallout will be.
In order to be eligible for the scheme you must conduct an investment activity either as an individual or a company set up in Portugal or another EU Member State, meet the time requirements above and do one of the following: Make a capital transfer of at least 350,000€ (three hundred and fifty thousand euros) for investing in research activities conducted by private or public scientific research institutions involved in the national scientific or technological system. See more info at Portugal’s golden visa is the best way to move to Europe.
The Portugal Golden Visa program has proven to be the most popular scheme in Europe with investors attracted to its flexibility and benefits. Launched in 2012 the investor visa program has been actively promoted internationally by the Portuguese government. An investment of €500,000 (or €350,000 reduced option) in real estate in Portugal will gain a residency permit for a family including dependent children. The golden visa can be renewed every two years providing the applicant spends two weeks in the country every two years.
Initiated in 2012, the Portuguese Government’s Golden Visa Scheme has reportedly seen nearly 5 billion euros already invested into the country and over 8,000 third country nationals granted temporary residence permits (14,000 people if you take into account their direct dependents). It is easy to see why it has been so successful as Portugal, with its warm climate, gorgeous beaches, fine cuisine and laid-back attitude, remains an extremely attractive proposition for those looking to live, retire or invest abroad. Read even more info on https://www.idealhomesinternational.com/.